Companies · Telecommunications

Opanga Networks, Inc.

SEATTLE · Telecommunications

Diligence memoA one-page analyst read on Opanga Networks, Inc. — recommendation, valuation, rhythm, risks.
$44.8M
Total raised · real
15
Rounds
0.0×
Latest step-up
Top 14%
Sector rank · raised
Series B
Latest stage · inferred · Tue Apr 01 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Opanga Networks, Inc. looks under-valued against its niche peers and is quiet on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the telecom sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.02× the median modeled value of Series B Telecommunications companies in 2025–2027 (9 peers) — value vs value, same stage and era.
Quiet
  • Last raise 15 mo ago; this sector typically re-raises about every 10 months.
  • Slightly overdue versus sector cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Telecommunications

Opanga Networks, Inc. is one of 929 Telecommunications companies tracked from SEATTLE. By capital raised it ranks in the upper tier (ahead of 87% of sector peers), and in the long tail by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
1
Investors (latest)
2025-04-01
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$50M$100M$150M$200MPre-Seed · 2010-04-27 Raised $600K (real) Modeled valuation $16M (est)Pre-Seed2010Pre-Seed · 2010-04-27 Raised $346K (real) Modeled valuation $9.3M (est)Pre-Seed · 2011-11-14 Raised $840K (real) Modeled valuation $22M (est)Pre-Seed2011Pre-Seed · 2011-11-14 Raised $815K (real) Modeled valuation $22M (est)Series A · 2012-03-26 Raised $7.0M (real) Modeled valuation $123M (est)Series A2012Series A · 2012-03-26 Raised $6.0M (real) Modeled valuation $105M (est)Series A · 2012-05-23 Raised $102K (real) Modeled valuation $1.8M (est)Series A2012Series A · 2013-05-23 Raised $102K (real) Modeled valuation $1.8M (est)Pre-Seed · 2015-04-15 Raised $406K (real) Modeled valuation $11M (est)Pre-Seed2015Series A · 2015-04-15 Raised $3.2M (real) Modeled valuation $56M (est)Pre-Seed · 2015-04-15 Raised $406K (real) Modeled valuation $11M (est)Pre-Seed2015Series A · 2016-07-15 Raised $1.5M (real) Modeled valuation $26M (est)Series A · 2017-08-18 Raised $1.4M (real) Modeled valuation $24M (est)Series A2017Series A · 2019-03-01 Raised $9.0M (real) Modeled valuation $157M (est)Series A · 2023-02-10 Raised $2.2M (real) Modeled valuation $16M (est)Series A2023Series A · 2024-05-10 Raised $1.1M (real) Modeled valuation $5.6M (est)Series A · 2025-02-04 Raised $605K (real) Modeled valuation $2.3M (est)Series A2025Series B · 2025-03-07 Raised $16M (real) Modeled valuation $84M (est)Series B · 2025-04-01 Raised $200K (real) Modeled valuation $1.0M (est)Series B2025Cumulative $52M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$600K · 2010
Pre-Seed extension$346K · 2010
Pre-Seed extension$840K · 2011
Pre-Seed extension$815K · 2011
Series A$7.0M · 2012no Seed on file
Series A extension$6.0M · 2012
Series A extension$102K · 2012
Series A extension$102K · 2013
Bridge · Series A-stage$406K · 2015smaller follow-on
Series A extension$3.2M · 2015
Bridge · Series A-stage$406K · 2015smaller follow-on
Series A extension$1.5M · 2016
Series A extension$1.4M · 2017
Series A extension$9.0M · 2019
Series A extension$2.2M · 2023
Series A extension$1.1M · 2024
Series A extension$605K · 2025
Series B$16.0M · 2025
Series B extension$200K · 2025

Stages are modeled from round size (public records carry no series label). No record for: Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 75%.

Modeled valuation trajectory
$1.0M
Base estimate est.
$485K
Conservative case
$1.6M
Upside case
$1.1M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the telecom sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $16.1M · 2010-04-272010Pre-Seed · modeled $9.3M · 2010-04-27Pre-Seed · modeled $22.5M · 2011-11-14Pre-Seed · modeled $21.8M · 2011-11-14Series A · modeled $122.6M · 2012-03-26Series A · modeled $105.2M · 2012-03-26Series A · modeled $1.8M · 2012-05-23Series A · modeled $1.8M · 2013-05-23Pre-Seed · modeled $10.9M · 2015-04-15Series A · modeled $56.5M · 2015-04-15Pre-Seed · modeled $10.9M · 2015-04-15Series A · modeled $25.7M · 2016-07-15Series A · modeled $24.3M · 2017-08-18Series A · modeled $157.3M · 2019-03-01Series A · modeled $16.2M · 2023-02-10Series A · modeled $5.6M · 2024-05-10Series A · modeled $2.3M · 2025-02-04Series B · modeled $84.3M · 2025-03-07Series B · modeled $1.0M · 2025-04-012025
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
66%
Survival probability
44% low · 81% high
1.32×/yr
Annual markup
1.60×/yr upside case
1.3 yr
Elapsed time used
1.3 yr actual, capped for stale marks
telecom
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
10 mo
Avg between rounds
$3.0M/yr
Capital velocity
16.2 yr
On record since
2010
First round
19
Rounds on file
How it compares to the market

Benchmarked against 929 companies in Telecommunications. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 11× above median
This company$44.8M
Sector median$4.0M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.0× of median
This company$200K
Sector median$17.5M
Modeled value — vs sector median (estimate, all stages) 0.0× of median
This company$1.0M
Sector median$28.3M

Raised more than 87% of sector peers (real $). Modeled value above 3% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #9 of 9.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)Onux Global Networks Inc · Series B Raised $35.5M · modeled $171.7M (est)Actelis Networks Inc · Series B Raised $53.8M · modeled $135.5M (est)SP Broadband, Inc. · Series B Raised $26.0M · modeled $110.1M (est)Verve Cloud, Inc. · Series B Raised $15.8M · modeled $77.3M (est)Alianza Inc · Series B Raised $84.0M · modeled $66.4M (est)Blues Wireless Inc. · Series B Raised $66.2M · modeled $38.8M (est)AURA Network Systems, Inc. · Series B Raised $106.8M · modeled $18.8M (est)AmpliTech Group, Inc. · Series B Raised $24.5M · modeled $7.6M (est)Opanga Networks, Inc. (this company) Raised $44.8M · modeled $1.0M (est)Opanga Networks, Inc.
CompanyStageRaised · realValue · estvs peer med.
Onux Global Networks IncSeries B$35.5M$171.7M2.58×
Actelis Networks IncSeries B$53.8M$135.5M2.04×
SP Broadband, Inc.Series B$26.0M$110.1M1.66×
Verve Cloud, Inc.Series B$15.8M$77.3M1.16×
Alianza IncSeries B$84.0M$66.4M1.00×
Blues Wireless Inc.Series B$66.2M$38.8M0.58×
AURA Network Systems, Inc.Series B$106.8M$18.8M0.28×
AmpliTech Group, Inc.Series B$24.5M$7.6M0.11×
Opanga Networks, Inc. this companySeries B$44.8M$1.0M0.02×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$600K2010-04-27$3.3M$16.1M85%
Pre-Seed$346K2010-04-27$1.9M$9.3M85%
Pre-Seed$840K2011-11-14$4.7M$22.5M85%
Pre-Seed$815K2011-11-14$4.5M$21.8M85%
Series A$7.0M2012-03-26$31.8M$122.6M85%
Series A$6.0M2012-03-26$27.3M$105.2M85%
Series A$102K2012-05-23$464K$1.8M85%
Series A$102K2013-05-23$464K$1.8M85%
Pre-Seed$406K2015-04-15$2.3M$10.9M85%
Series A$3.2M2015-04-15$14.7M$56.5M85%
Pre-Seed$406K2015-04-15$2.3M$10.9M85%
Series A$1.5M2016-07-15$6.7M$25.7M85%
Series A$1.4M2017-08-18$6.3M$24.3M90%
Series A$9.0M2019-03-01$40.8M$157.3M90%
Series A$2.2M2023-02-10$9.9M$16.2M90%
Series A$1.1M2024-05-10$5.1M$5.6M90%
Series A$605K2025-02-04$2.8M$2.3M90%
Series B$16.0M2025-03-07$88.8M$84.3M90%
Series B$200K2025-04-01$1.1M$1.0M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$600K2010-04-27
    • First recorded raise — entered as Pre-Seed.
    • 5 investors on this round.
  2. Pre-Seed$346K2010-04-27
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.7× smaller than the prior — bridge or down round.
    • 9 investors on this round.
  3. Pre-Seed$840K2011-11-14
    • Raised again after 19 mo — slower than the ~10 mo sector norm.
    • Round 2.4× larger than the prior — scaling up.
    • 15 investors on this round.
  4. Pre-Seed$815K2011-11-14
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 14 investors on this round.
  5. Series A$7.0M2012-03-26
    • Came back fast: 4 mo vs the ~10 mo sector norm.
    • Round 8.6× larger than the prior — scaling up.
    • Revenue band moved No revenue → $0–$1M.
    • Switched to Rule 506(b) (was Rule 06).
    • 34 investors on this round.
  6. Series A$6.0M2012-03-26
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • Revenue band moved $0–$1M → No revenue.
    • Switched to Rule 06 (was Rule 506(b)).
    • 32 investors on this round.
  7. Series A$102K2012-05-23
    • Came back fast: 2 mo vs the ~10 mo sector norm.
    • Round 58.8× smaller than the prior — bridge or down round.
    • Revenue band moved No revenue → $0–$1M.
    • 11 investors on this round.
  8. Series A$102K2013-05-23
    • Raised 12 mo later, in step with the ~10 mo sector norm.
    • Round roughly the size of the prior one.
    • 11 investors on this round.
  9. Pre-Seed$406K2015-04-15
    • Raised again after 23 mo — slower than the ~10 mo sector norm.
    • Round 4.0× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 6 investors on this round.
  10. Series A$3.2M2015-04-15
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 7.9× larger than the prior — scaling up.
    • 22 investors on this round.
  11. Pre-Seed$406K2015-04-15
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 7.9× smaller than the prior — bridge or down round.
    • 6 investors on this round.
  12. Series A$1.5M2016-07-15
    • Raised 15 mo later, in step with the ~10 mo sector norm.
    • Round 3.6× larger than the prior — scaling up.
    • 23 investors on this round.
  13. Series A$1.4M2017-08-18
    • Raised 13 mo later, in step with the ~10 mo sector norm.
    • Round roughly the size of the prior one.
    • 22 investors on this round.
  14. Series A$9.0M2019-03-01
    • Raised again after 18 mo — slower than the ~10 mo sector norm.
    • Round 6.5× larger than the prior — scaling up.
    • 82 investors on this round.
  15. Series A$2.2M2023-02-10
    • Raised again after 47 mo — slower than the ~10 mo sector norm.
    • Round 4.1× smaller than the prior — bridge or down round.
    • 28 investors on this round.
  16. Series A$1.1M2024-05-10
    • Raised 15 mo later, in step with the ~10 mo sector norm.
    • Round 1.9× smaller than the prior — bridge or down round.
    • 26 investors on this round.
  17. Series A$605K2025-02-04
    • Raised 9 mo later, in step with the ~10 mo sector norm.
    • Round 1.9× smaller than the prior — bridge or down round.
    • 16 investors on this round.
  18. Series B$16.0M2025-03-07
    • Came back fast: 1 mo vs the ~10 mo sector norm.
    • Round 26.4× larger than the prior — scaling up.
    • 55 investors on this round.
  19. Series B$200K2025-04-01
    • Came back fast: 1 mo vs the ~10 mo sector norm.
    • Round 79.9× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2026 ~Q1
Modeled next raise · ~10mo cadence
$200K
Modeled next size est.range $200K$320K
0.0×
Last step-up
$3.0M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Scott Anderson11 other2023-02
Charles James Judson3 other2010-04
Cole Brodman3 other2023-02
Mary Frances Dougherty3 other2010-04
William Michael Targett3 other2010-04
Kishen Mangat1 other2025-03
Michael Targett1 other2023-02
Adrian De Los M. Santos2015-04
Adrian De Los Santos2016-07
Adrian Frances Del Los Santos2019-03
Cole Frances Broadman2019-03
Cole M Brodman2016-07
Dave Burns Gibbons2019-03
Dave Gibbons2023-02
David Burns Gibbons2010-04
Ed Salley2023-02
Edward Frances Salley2019-03
Edward Michael Salley2012-05
Edward M. Salley2010-04
Ivan Alonso Hernandez2010-04
John M Burnette2016-07
Mary Dougherty2023-02
Neville Ray2025-03
Phillip Michael Roth2012-03
Registry & provenance

Opanga Networks, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1491109
SEC CIK
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Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Tango Networks, Inc.TelecommunicationsSeries C$44.3M83%
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Verana Networks, Inc.TelecommunicationsSeries A$158.6M83%
OAO Acquisitions, Inc.TelecommunicationsSeries D+$93.6M83%
Airwavz Inc.TelecommunicationsPre-Seed$9.7M82%
Freedom Telecom Services, Inc.TelecommunicationsSeed$64.6M82%
AURA Network Systems, Inc.TelecommunicationsSeries B$18.8M82%
Tingo, Inc.TelecommunicationsSeries C$1.5B82%
Frequently asked
How much funding has Opanga Networks, Inc. raised?
Opanga Networks, Inc. has raised approximately $44.8M in disclosed capital across 15 recorded financing rounds, aggregated from public filings.
What is Opanga Networks, Inc.'s estimated valuation?
Provath's modeled valuation for Opanga Networks, Inc. is approximately $1.0M (modeled range $485K–$1.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Opanga Networks, Inc. at?
Opanga Networks, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Tue Apr 01.
What does Opanga Networks, Inc. do and where is it based?
Opanga Networks, Inc. operates in the Telecommunications sector, based in SEATTLE.
Explore related

See where Opanga Networks, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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